A credit card, unlike a debit card, is not linked to your personal account, but to your credit line approved by the bank. It lets you borrow money from the bank to pay for purchases within a certain limit.
The limit depends on how the bank evaluates your solvency. The better your credit history is, the higher your income is, and the lower your debts are, the higher your credit limit will be.
When you use a credit card, the bank pays the seller for you. The purchase amount is automatically added to the outstanding balance and you repay the debt to the bank later.
The bank sets a certain period when you can repay the debt to the credit account without paying interest. This is called “a grace period” and is usually 30 days or more. However, in some cases, interest may be calculated immediately. These conditions are mentioned in the loan agreement with the bank.
If you can’t return the money within the interest-free period, the bank will charge interest for the use of the credit funds and set a period for when you need to make at least the minimum payment. If your payment is overdue, it will lead to the accrual of a fine by the bank and will affect your credit history.

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